InsiderB
Long

NZDJPY - Awaiting Breakout Bullish Flag Pattern

FX:NZDJPY   New Zealand Dollar/Japanese Yen
4 months ago
Hi Guys,

NZDJPY             is forming a perfect bullish flag pattern and we are expecting a breakout soon, once that happens on valid breakout we will be initiating long positions in NZDJPY             . Sometimes there may be false breakouts, so be careful..even while I'm typing this price is teasing the upper trendline. There are 2 ways by which breakout can happen 1) retest lower trendline take support move up or (2) Breakout happens directly in coming few hours.
So lets check our risk-rewards and order entry with stops n exits to trade NZDJPY             .

Hit Likes if you agree... Thanks for your support...
Happy Trading !!
4 months ago
Trade active: As we predicted price retested the downward trendline and now its about to breakout. So now we are bullish on NZDJPY

*** With Great Power, there comes Great Responsibility ***
MaryJane
4 months ago
wonderful flag!
+1 Reply
InsiderB MaryJane
4 months ago
Thank you.. I know you like Flag patterns :)
Reply
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